Don’t play play

Social gambling is a CNY tradition. But for anything more serious, visit a casino.

And: Don’t treat investing or trading as entertainment in the Year of the Tiger. As John Micklethwait, editor in chief of The Economist argues when speaking at a private equity conference, it’s time for “paranoid optimism” about the economy as the world finds a new balance. The new balances of power were still being defined. And the right dose of paranoia would help members of the private equity industry prepare for possible downturns.